1847 Holdings shares are trading lower after the company announced a 1-for-13 reverse split.
Portfolio Pulse from Benzinga Newsdesk
1847 Holdings shares are trading lower after the company announced a 1-for-13 reverse split.
June 28, 2024 | 12:35 pm
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1847 Holdings shares are trading lower after the company announced a 1-for-13 reverse split.
Reverse splits are often perceived negatively by investors as they can indicate underlying financial issues. The 1-for-13 ratio is significant and has led to a decline in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100